NRG COSIA Carbon XPRIZE
We’re living in an unprecedented age of technology and convenience. Our way of life is driven by energy. Most of this energy comes from fossil fuels, which, when burned, emit greenhouse gases including carbon dioxide or CO2. CO2 is a contributing factor to climate change. But what if we could turn CO2 emissions into something useful?
That’s where the NRG COSIA Carbon XPRIZE competition comes in. COSIA has teamed up with NRG Energy to sponsor the NRG COSIA Carbon XPRIZE. Cenovus is one of eight participating COSIA member companies involved. It's one of the innovative ways we’re investing in technology that can be directly used in our operations to reduce CO2 emissions. This competition challenges teams from around the world to develop innovative approaches to convert CO2 emissions that come from burning fossil fuels into valuable products like building materials, low emissions fuels or everyday consumer goods.
The winning teams for the NRG COSIA Carbon XPRIZE will convert the most CO2 into products with the highest net value, which includes economic and environmental considerations.
Check out the video to learn more.
What is an XPRIZE?
An XPRIZE inspires innovation and positive change for current problems believed to be unsolvable or with no clear path to a solution. The XPRIZE Foundation is the global leader in large-scale incentive prize competitions that bring together bright minds to find solutions to global problems.NRG COSIA Carbon XPRIZE XPRIZE Foundation